966 karma · joined March 17, 2018
As many of you remember, the bottom dropped out of the US economy in 2008. As a result, many people delayed having children for a few years (or just decided not to). That means that the freshman class of 2026 is going to be significantly smaller than that of 2025, and that's going to shut down a large number of small and financially strapped colleges.
It's difficult to imagine exactly what's going to happen afterwards, but we can be confident that things will be different.
2) The central limit theorem applies to the distribution of the sample average. It applies whenever the samples are iid and the second moment is finite. The fact that the samples are coming from a mixture of normals doesn't change that.
Well, you get the idea.